Nothing special. Valentine’s Day is gone. Get over it.
Just looking at some PAX (Paxy’s, Inc.) after Valentine’s Day. I think this one’s into a possible rebound thing for a short-term affair as it touches its 6-month low.
Latest financial disclosure was not so stellar as it posted lower earnings compared to same period in the previous year. Hopefully, their latest venture will translate to better earnings this year.
In case your Valentine’s Day turned up to be unexciting, getting into risky PAX might spice things up for you post lover’s day. Just don’t get tangled. Enter with no emotional baggage.
Want some cheap PAX, anyone? Low rate starts at 2.64 and down.
Coal Asia Holdings, Inc. (COAL) has explored deep down 1.00 level to as low as 0.91. Many were quite disappointed with COAL’s performance after IPO. Only few, rejoices every time COAL slides down, that includes me. On several occasions, I have posted GTC orders at 0.90 since it dipped down 1.00 level but failed miserably.
I don’t see any reason why investors would get upset with COAL while it has been disclosed before that production will start by 2014. If there’s to compare, just look at Semirara Mining Corp. (SCC)’s early performance.
Looking back, I am immensely impressed at what SCC has become. Being in the stock trading for over a year, there’s no way I could have rode that train on its ascent.
Though shortsighted by nature, it is my fervent hope that another SCC will come again. Not long after, COAL did come. Wish granted. It was mine for the taking without any short-term expectations.
Past IPO, I have been in constant look-out for opportune time of acquisition, trying as much as possible not to enter at haste. Latest purchase was made last Friday.
Traders were quick to dispose their hold on Philippine Estates Corp. (PHES) after its venture with Ayala Land, Inc. (ALI) on its 2 properties were made official.
This was actually the break traders were speculating before when PHES resumed its trading in the Philippine Stock Exchange (PSE). However, official disclosures regarding the venture failed to push the stock over its previous run-up when prospects were still unclear.
It is noteworthy to point out though that up until now, its price neither went back to its 1-year low. It appears that there are resilient investors holding on to its bright prospects. After all, it is ALI we are banking on.
Currently, PHES is paving a level ground. Short-term view suggests another bounce is possible just like it had on 01/16/2013 as highlighted in the chart. Volume has been comparably low after that one-day rally.
Since PHES is notorious for failure swings, it is interesting to find out whether any bounce will be a valid reversal or a one-day wonder before it revisits its 6-month low.
PHES has excavated its grave down the plateau and about to scrape-off the surface of its casket, the rectangle pattern it is currently in right now, that is.
Are we going to see a resurrection in time for the Lenten PHEStival which always starts on Ash Wednesday?
Boulevard Holdings, Inc. (BHI) has always been a favorite vehicle for quick-cash play. One just needs to be extra vigilant to watch for the opportune time.
With last Friday’s closing, are we seeing another run for the money here?
Short-term indicators (10EMA) are showing positive signals. Firstly, it just bounced back from oversold level (30 RSI). Sure, it did bounce twice not-so-long before.